4 October 2026 - 20:30
  • News ID: 2986836
Seven OPEC+ members keep November output steady

SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed Sunday to hold November oil production at September levels, reaffirming their commitment to market stability.

The seven OPEC+ countries, which announced additional voluntary production adjustments in April and November 2023, met virtually Oct. 4 to review global market conditions and the outlook, according to opec.org.

The group said it will maintain the required production levels set for September 2026 through November, according to the table detailed in the statement.

The countries also reiterated their collective commitment to full conformity with the Declaration of Cooperation.

The seven nations will continue to meet monthly to assess market conditions. Their next meeting is scheduled for Nov. 1.

Seven OPEC+ members keep November output steady

News ID 2986836

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